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Article: Rates Cut Again.(federal funds rate )(Brief article)
- Article from:
- Kiplinger's Retirement Report
- Article date:
- December 1, 2007
CopyrightCOPYRIGHT 2007 The Kiplinger Washington Editors, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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n Rates cut again. The Federal Reserve reduced the federal funds rate by a quarter-point, dropping the rate to 4.5%, and trimmed the discount rate by a quarter-point to 5%. We expect the Fed to cut ...
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